Unlimited wants need not be a problem if
A. resources are also unlimited.
B. resources are flexible in what they can do.
C. resources are basic energy resources like oil.
D. resources are human resources such as skilled labor.
A. resources are also unlimited.
Economics
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A firm's average variable cost is $60, its total fixed cost is $3,000, and its output is 600 units. Its average total cost is
A) less than $58. B) between $58 and $62. C) between $62 and $64. D) more than $64.
Economics
Which of the following is classified as an asset for a commercial bank customer?
A) A car loan B) A commercial loan C) Demand deposits D) Deposits with the Federal Reserve
Economics